Porsche invests in Israeli tech, Jerusalem installs a state-of-the-art wireless network, and Israeli scientists announce a new treatment for ALS. Read up on these news item and more below.

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OurCrowd & Portfolio Companies in the News

 

Porsche to invest in Israeli auto-tech

Porsche says it will invest tens of millions of euros in Israeli smart car startups through the Magma and Grove venture capital funds. Read more.

Israeli scientists announce new treatment for ALS

Drug developed at Ben-Gurion University said to improve brain function and life expectancy, may help Alzheimer’s and Parkinson’s sufferers too. Read more.

Smart city: Jerusalem installing cutting edge wireless network

An independent, state-of-the-art wireless network will place the capital at the forefront of technological progress. Read more.

 

News Nuggets

  • NetApp acquires Plexistor for $20M (NoCamels)
  • Israeli startup GeneSort ‘exits’ for $23M (NoCamels)
  • Orbotech wins $24M Chinese flat panel deal (Globes)
  • Israeli sports tech company PlaySight raises $11M (Globes)
  • Israeli solar panel ‘tree’ is planted in central France (Times of Israel)

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